Schaeffler Sustainability Profile
Schaeffler AG, a leading global supplier in the automotive and industrial sectors, is headquartered in Herzogenaurach, Germany. Founded in 1946, the company has established itself as a key player in the development of innovative solutions, particularly in rolling bearings, linear motion, and automotive components. With a strong presence in Europe, Asia, and the Americas, Schaeffler serves a diverse range of industries, including automotive, aerospace, and manufacturing. Renowned for its commitment to quality and precision, Schaeffler offers a unique portfolio of products and services that enhance efficiency and performance. The company has achieved significant milestones, including advancements in electric mobility and digitalisation, solidifying its market position as a trusted partner for customers worldwide. Schaeffler's dedication to sustainability and innovation continues to drive its success in the competitive landscape.
DitchCarbon Score
How does Schaeffler's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Schaeffler's score of 57 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schaeffler's reported carbon emissions
In 2024, Schaeffler AG reported total carbon emissions of approximately 14.1 billion kg CO2e, comprising 194,982,000 kg CO2e from Scope 1, 897,551,000 kg CO2e from Scope 2, and about 13.9 billion kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline. Additionally, Schaeffler plans to reduce Scope 3 emissions from purchased goods and services, fuel and energy-related activities, and upstream transportation and distribution by 25% within the same timeframe. Schaeffler's near-term targets include achieving climate-neutral internal production (Scope 1 and 2) by 2030, with a goal to eliminate 75% of production emissions by 2025. The company is also committed to sourcing 100% of its purchased power from renewable sources by 2024. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Schaeffler's commitment to sustainable practices within the automotive and components sector. The emissions data is cascaded from Schaeffler AG, the parent company, ensuring consistency and accountability in their climate reporting.
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Schaeffler's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Schaeffler has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Schaeffler's sustainability data and climate commitments
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